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1 year ago

It is generally believed that the correct cost for a well-run quality management program should be under what amount?.

1 answer:

6 0

According to Philip Crosby, the correct cost for a well-managed quality management programme should be less than 2.5 percent.

<h3>What is quality management programme ?</h3>

A quality management programme that integrates all quality processes is easily capable of meeting FDA and ISO quality standards. This can be a boost to productivity because, with the right QMS software, it can almost manage itself.
Companies with this level of efficiency can produce more, faster, and at a lower cost.
Quality management encompasses all project management activities required to put a quality plan into action. The following are the fundamental components of an organization's approach to quality management: Quality system - the structures, procedures, and processes that are used to implement quality management.
By incorporating a quality assurance programme into your customer relationship management system, you can monitor your employees' performance and ensure that they adhere to the standards you have established. It allows you to know if you've set the right benchmarks and how to change them.

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Answer:

Cherry Jalopies, Inc.:

mean = (0.22 + 0.11 - 0.04 + 0.06 + 0.09) / 5 = 0.52 / 5 = 0.104

variance = [(0.22 - 0.104)² + (0.11 - 0.104)² + (-0.04 - 0.104)² + (0.06 - 0.104)² + (0.09 - 0.104)²] / 5 = (0.013456 + 0.000036 + 0.020736 + 0.001936 + 0.000196) / 5 = 0.007272

standard deviation = √0.007272 = 0.085276 = 8.53%

Straw Construction Company:

mean = (0.16 + 0.23 - 0.01 + 0.01 + 0.17) / 5 = 0.56 / 5 = 0.112

variance = [(0.16 - 0.112)² + (0.23 - 0.112)² + (-0.01 - 0.112)² + (0.01 - 0.112)² + (0.17 - 0.112)²] / 5 = (0.002304 + 0.013924 + 0.014884 + 0.010404 + 0.003364) / 5 = 0.008976

standard deviation = √0.008976 = 0.09474 = 9.47%

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3 years ago

In 2019, Carson is claimed as a dependent on his parents' tax return. Carson's parents provided most of his support. What is Car

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The tax laibility as calculated is $1036.

<u>Explanation:</u>

a.) Carson earnings $14000

Less: the Standard deduction $12000

Taxable income $2000

Tax liability $200

b.) Carson earnings $14000

Qualified dividend income $5000

Gross income $19000

less: Standard deduction $12000

Taxable income $7000

Taxable income taxed at carson rate $2000

($7000 minus $5000)

Ordinary Tax $200

Kiddie Tax is calculated as follows:

Gross unearned income

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4 years ago

The replacement cost of an inventory item is below the net realizable value and above the net realizable value less the normal p

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Answer:

D. Replacement cost.

Explanation:

As we know that the inventory should be recorded at the cost or market value whichever is lower

Given that

Original cost is less than the net realizable value subtract the profit margin

So we assume the following figures

Original cost $10

Net realizable value 9

Replacement cost 8

NRV less normal profit margin 7

As if we compare the original cost and replacement cost so the lower value is of replacement cost

hence, the same is to be considered

Therefore the correct option is D.

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3 years ago

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Answer:

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